HORAN Wealth LLC Has $1.37 Million Stock Position in Vanguard Real Estate ETF $VNQ

HORAN Wealth LLC raised its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 100.0% in the first quarter, HoldingsChannel.com reports. The firm owned 15,484 shares of the exchange traded fund’s stock after purchasing an additional 7,742 shares during the quarter. HORAN Wealth LLC’s holdings in Vanguard Real Estate ETF were worth $1,371,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VNQ. IMG Wealth Management Inc. bought a new position in shares of Vanguard Real Estate ETF in the fourth quarter worth $26,000. Evelyn Partners Investment Management LLP acquired a new position in shares of Vanguard Real Estate ETF in the 4th quarter valued at approximately $26,000. Resources Management Corp CT ADV bought a new stake in shares of Vanguard Real Estate ETF during the 4th quarter worth approximately $27,000. Evermay Wealth Management LLC lifted its holdings in shares of Vanguard Real Estate ETF by 46.5% during the 4th quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 113 shares during the period. Finally, Laurel Wealth Advisors LLC acquired a new stake in shares of Vanguard Real Estate ETF during the 4th quarter worth approximately $34,000. 60.03% of the stock is owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Trading Down 0.5%

NYSEARCA VNQ opened at $99.48 on Tuesday. The firm’s 50 day simple moving average is $96.90 and its 200 day simple moving average is $93.99. The firm has a market capitalization of $39.42 billion, a price-to-earnings ratio of 35.58 and a beta of 0.98. Vanguard Real Estate ETF has a 1 year low of $86.84 and a 1 year high of $101.08.

Vanguard Real Estate ETF Profile

Vanguard REIT ETF (the Fund) is an open-end investment company. The Fund invests in stocks issued by real estate investment trusts (REITs), companies that purchase office buildings, hotels, and other real property. It tracks the return of the MSCI US RIT Index, a gauge of real estate stocks. The Vanguard Group, Inc provides investment advisory services to the Fund.